Economy

Wednesday, December 1st 2021 - 09:46 UTC
Famine takes a grip of Latin America and the Caribbean

A United Nations official from the Food and Agriculture Organization (FAO) Tuesday announced famine in Latin America and the Caribbean had increased at a higher rate compared to other regions in the world during the COVID-19 pandemic.
Wednesday, December 1st 2021 - 09:26 UTC
“Chile Day” in UK, British ministers and president Piñera will be attending

Wednesday and Thursday, December first and second, are “Chile Day” in UK, Corporation CEOs, investors, financial institutions, politicians, officials, country experts, diplomats, journalists get together for an annual two-day event with the purpose of promoting the Chilean brand, business opportunities, tourism and export goods.
Wednesday, December 1st 2021 - 08:56 UTC
US Fed chairman warns inflation will stay around longer than expected

Jerome Powell, chairman of the US Federal Reserve, the Republican who has just been entrusted by President Joseph Biden for another term in office, Tuesday told Congress inflation might be here to stay a while longer, in the face of the Omicron C19 variant.
Monday, November 29th 2021 - 19:18 UTC
LATAM Airlines plunges at Santiago stock exchange

Latam Airlines stock plunges over 80% at the Santiago market after a reshaping plan was announced, one which evaporated the value of current shares. The proposal is yet to be voted on by creditors between January and February 2022.
Monday, November 29th 2021 - 09:35 UTC
Argentines withdrew a record US$ 137 million during October

Uncertainty and lack of confidence in Argentine politics is not only reflected with ballots in the polls. In effect despite all the limitations and clamps to the purchase of US dollars, limited to 200 per individual, per month and with a bank account, during October some 762,000 Argentines purchased US$ 137 million.
Monday, November 29th 2021 - 09:25 UTC
Chile planning an optical fiber cable from Puerto Williams to Antarctica

The regional government of Magallanes extreme south of Chile signed an agreement with the Telecommunications ministry and Country Development Secretariat to study the feasibility of an optical fiber from the region to the Antarctic peninsula.
Monday, November 29th 2021 - 09:10 UTC
Saudi Arabia's FM visits Buenos Aires to strengthen ties with Argentina

Saudi Arabia's Foreign Minister Prince Faisal al Saud said in a newspaper interview published Saturday in Buenos Aires' daily Infobae that “Argentina is our friend and ally, that will not change at the IMF.” The diplomat thus did not rule out a handout to reinforce Argentina's Central Bank's reserves.
Saturday, November 27th 2021 - 09:40 UTC
“Auxilio Brasil” intended to benefit 17 million families with monthly payments approved in Congress

The massive social welfare program, Auxilio Brasil, promoted by the administration of president Jair Bolsonaro was passed this week in the Lower House and is expected to be approved in the Senate where leaders have promised to address it as a priority.
Saturday, November 27th 2021 - 09:12 UTC
Canadian rating agency praises Uruguay's fiscal consolidation and raises BBB- trend from stable to positive

Canadian credit rating agency, DBRS Morningstar confirmed Uruguay's Long-Term Foreign and Local-Currency – Issuer Ratings at BBB-, and at the same time, elevated its prospect from stable to positive.
Friday, November 26th 2021 - 07:52 UTC
Falkland Islands receives the first cruise visit since 2019/20 season

The first cruise ship to visit the Falklands since the 2019/2020 tourist season, Silver Explorer, was cleared on November 24 and in Stanley Harbor. The itinerary included visits to Bleaker Island and Bull Point. However, it is unknown how many other vessels will visit over the season.